Yalta International Economic Forum Information portal

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Yalta International Economic Forum Information portal

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20 April '17

46 countries took part in YIEF-2017

The III Yalta International Economic Forum was attended by representatives of 46 countries, 20 countries more than last year. “In terms of the composition of participants and their number we can safely say that the Forum is a success.  Intensive business talks are going on, including talks between government officials. A comfortable working atmosphere prevails. We expect a fairly large number of agreements to be signed as a result of the Forum,” said the head of the Republic of Crimea, Sergey Aksyonov, at a gala opening of YIEF-2017.

He stressed that the Forum “promotes Crimea as a constituent entity of the Russian Federation at the international level,” and that the number of international participants in the Forum grows year in and year out. “We see a positive dynamic resulting from the participation of these people in the Forum: back home they tell what is really happening here, how to conduct business in the Republic of Crimea, what conditions have been created here and what criteria need to be met,” Mr Aksyonov said.

The Chairman of the State Council of the Republic of Crimea, Vladimir Konstantinov, noted the steady progress of Crimea’s economy during the years the YIEF has existed. “During the three years of the work of the Forum in Crimea major changes have taken place and today we can say that the economy of the Republic of Crimea is entering a phase of sustainable development. This was not the case in the previous years, we have worked long to achieve the results we have achieved. This applies to all areas: industry, agriculture, infrastructure projects – in all these areas we have achieved considerable growth. Today we can confidently tell investors that they are in sustainable development territory,” Mr Konstantinov said.

Progressive development of the Forum was noted by Co-Chairman of the YIEF Organizing Committee and Co-Chairman of the national non-governmental organization Delovaya Rossiya Andrey Nazarov. “This year the number of participating countries increased to 46. The number of participants grew from 600 in 2015 to 1500 this year. While the Second Forum focused on the potential of Crimea’s development, today the agenda has broadened to include federal and world themes. One of the key events of the Forum was the World plenary session in which only foreign businessmen and politicians took part. The topic was outside view of the investment climate in Russia,” stressed the Co-Chairman of the Forum Organizing Committee.

 

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